What's Happening with Real Estate in Indian Lakes?

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Today I just wanted to provide you with a brief real estate market update for Parkwood Estates and Indian Lakes. This should be helpful whether you're buying or selling in the area. 

Let's first take a look at Parkwood Estates. Nine homes have sold in this neighborhood so far this year, and the average price per sq. ft. is $130. The average days on market is currently at 67 days, and the average age of the homes being sold is less than five years.

Indian Lakes is another subdivision in Monroe that I'd like to take a look at. Twenty five homes have sold in this area, and the average price per sq. ft. is sitting in between $81 and $136 per foot. The days on market is sitting at 73 days, and the age of homes being sold is brand new to fifty years old. 

If you have a particular neighborhood that you would like to see a market update for, please don't hesitate to contact me. Real estate is ultra-local, so these market updates for small locales are very telling of what is happening in a given market.

Next week we will be looking at Lincoln Hills and Frenchman's Bend, so please stay tuned.

If you ever need assistance buying or selling in Monroe, please don't hesitate to reach out to me!